5400 Central AveAlbuquerque, NM 87108

For Lease
$26/SF/YR

Albuquerque Retail Center: 16,000 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
92
Trade Winds Shopping Center, a 19,254 square foot retail center in Albuquerque, New Mexico, presents a unique investment opportunity. Located at 5400 Central Ave SE, near the intersection of Central and San Mateo, this property boasts high visibility and is situated in the desirable SE Heights submarket. Built in 2016, the center sits on a 1.5-acre lot and offers ample parking with a 4.1 spaces per 1,000 square feet ratio. Currently, there are 16,000 square feet of vacant space available, divisible into units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 4,400 square feet. The property is zoned MX-M, allowing for a variety of retail uses. Existing tenants include Torres Burria and Taco Shop, Radiate By McQuitty DMD, Fiesta Insurance, and El Farron Events, demonstrating the center's appeal to diverse businesses. This redevelopment of the former Trade Winds Motel offers below-market lease rates compared to similar properties in the area, making it an attractive option for both local and national retailers seeking a prime location in a thriving Albuquerque neighborhood. The property's iconic presence and high traffic location provide exceptional potential for future growth and profitability. This is an excellent opportunity to acquire a well-located retail center with significant upside potential in a rapidly developing area of Albuquerque, Bernalillo County.

Highlights

  • Strong tenant improvement (TI) allowance on leases exceeding five years.
  • Potential for outdoor patio space.
  • Exceptional parking ratio of 4.1 spaces per 1,000 square feet.
  • Located within 300 feet of the Austin Rapid Transit (ART) system.
  • Abundant power available for each suite.
  • Property situated in a "UC-MS-PT Overlay" zone.

Property Details for 5400 Central Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
19,254 SF
Year Built
2016

Unit(s) available at that property

Space
B Suite 101
Size
1,000 SF
Rate per SF
$26
Space
C Suite 105
Size
1,100 SF
Rate per SF
$26
Space
B Suite 104
Size
1,100 SF
Rate per SF
$26
Space
B Suite 103
Size
1,000 SF
Rate per SF
$26
Space
C Suite 104
Size
1,100 SF
Rate per SF
$26
Space
C Suite 103
Size
1,100 SF
Rate per SF
$26
Space
B Suite 102
Size
1,000 SF
Rate per SF
$26
Space
Suite-A 102
Size
1,000 SF
Rate per SF
$26

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0774085
Longitude
-106.5854321
5400 Central Ave, Albuquerque, New Mexico

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5400 Central Ave
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